MediaTek to acquire full ownership of Airoha Technology

MediaTek announced it will acquire the remaining shares of Airoha Technology Corp for about NT$5 billion, making it a wholly owned subsidiary. The two-stage acquisition is to facilitate MediaTek's IoT business expansion.

“The acquisition is to facilitate MediaTek's IoT business expansion and enable the group to provide one-stop shopping services for consumer electronics.”taipeitimes.com

• 1 source
• taipeitimes.comMediaTek ends media speculation over China listing - Taipei TimesJun 12, 2017

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